Yes, but the problem is that there's still nothing in the node ecosystem that's as complete as Rails. Fine, express.js isn't going to do the job. Neither is anything else.
The issue is more that Node and JavaScript in general is too popular and there are way more options whereas ruby is rarely used for non rails work.
How is it a bad thing? Again, JavaScript is far more popular than all of those for web related development. The issue is that like you're stating, there isn't a single main option perse. I'd use NestJS.